Word: harkenã
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When Bush was failing as an investor, Daddy rescued his sagging share in Harken with a windfall contract for oil drilling in Bahrain, despite Harken??s dismal history and lack of off-shore experience. The Bush pedigree bought Dubya his stake in Texas politics, even though his recklessness, not to mention his dope-dimmed mind, would have denied it to anyone else. Then, as governor, he exploited the University of Texas’s state-funded endowment to funnel investment money to his cronies...
Meyer posits that Harken??s stock price rose following a surge in the natural gas price, which rose nearly 60 percent in the same time as the stock spike...
HarvardWatch claims in its October report that “following the transfer of Harken??s debts into HAP, Harken experienced the largest increase in its stock price for the six-year period between...
However, that stock price bump did not come until almost 18 months after the partnership was created and, in the year following HAP’s creation, Harken??s stock price in fact declined...
...reason Harvard was able to sell high seems to be because of a bubble in Harken??s share price generated by the partnership,” Mackinnon says...